In one of the largest telecom gambles in United States history, LightSquared, backed by New York hedge fund Harbinger Capital Partners, has put pen to paper and contracted Nokia Siemens Networks to build their wireless broadband network. I first wrote of the LightSquared plan about two weeks ago in, “New Broadband Service Coming to United States, […]
WholeThinking essays with keyword tag: Nokia Siemens Networks
Nokia Siemens Networks Lands LightSquared Deal
By Garrett Cobarr | August 8, 2010 | Raw Economics, Visible Future
New Broadband Service Coming to United States, LightSquared
By Garrett Cobarr | July 22, 2010 | Raw Economics, Visible Future
With a $7 billion investment, from hedge fund Harbinger Capital Partners, LightSquared has announced plans to build a coast-to-coast, wireless broadband network. A wholesale only service, based on a mix of terrestrial and satellite networks. They plan to have the system launched by late 2011 and cover 92% of the US by 2015. In a telecom era […]
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